Premier Bank launches automated challan system for collecting govt treasury bills

Premier Bank limited introduced automated challan system through a digital platform on Wednesday as an initiative of the Ministry of Finance and Bangladesh Bank.

The programme was inaugurated by Deputy Governor of Bangladesh Bank Ahmed Jamal, as chief guest, said a press release.

Adviser of Premier Bank Muhammed Ali attended the programme as a special guest.

The virtual session was presided over by Managing Director and Chief Executive Officer of Premier Bank M Reazul Karim.

Automated Challan System Project Consultant AKM Mokhlesur Rahman and other high officials were also present during the inauguration.

This automated service will allow the customer to pay their treasury challan bills from any branch of The Premier Bank Limited which will ensure smooth payment of Govt Treasury Bills without any hassle.

The service will allow to deposit value added tax (VAT), tax, government fees and other payments in a fast and safe way.

 The system will also reduce the possibility of fraud.